Logo-color Logo-white

Bearish scenario: Shorts below 80.00 with TP1: 79.60, TP2: 79.30, and 78.83 with S.L. above 80.62 or at least 1% of account capital*. Anticipated bullish scenario: Intraday longs above 80.70 with TP: 81.50, TP2: 81.85, and TP3: 83.00, with S.L. below 80.00 or at least 1% of account capital*. Apply trailing stop. Bullish scenario after retracement: […]

The post XTIUSD Extends Bullish Phase, but Watch for Retracement Levels Before Continuing to Buy! appeared first on Action Forex.

previous

US100: Consolidated and Preparing Correction Below 18100. Key Levels on H4

next

Bank of England Preview – We Still Pencil in the First Cut in June

Read More

31/01/2024

EUR/USD Technical Analysis Forecast Ahead of FOMC

This week is loaded with critical economic releases, keeping markets on edge. We have FOMC rate decisions, Nonfarm Payrolls, and inflation numbers, to name a few. This comes as investors remain divided on the FED’s rate cut path for 2024. Many analysts and investors see that the robust consumer spending and declining inflation are enough […]
16/01/2024

Trump Wins Iowa Caucus

In focus today Today, focus is on German ZEW data for January and final inflation figures for December. The final HICP figures include details on inflation components that will provide important information about the underlying inflationary pressure in the largest euro area economy. While the official labour force statistics continue to be postponed, today we […]
27/03/2024

NZ First Impressions: Budget Policy Statement Review

The Government’s first Budget Policy Statement confirms that Budget 2024 will unveil a markedly weaker fiscal outlook and a further increase in the government’s borrowing requirement. Today the new coalition Government released its first Budget Policy Statement (BPS). As expected, the BPS set out the Government’s priorities, an update on the economic outlook and its […]